Major Rule Changes From December All You Need To Know About
Several rule changes are set to impact daily life and finances for households across the country from December 1
These updates aim to improve transparency, fairness, and financial management. Here's what to expect
Gas cylinder price: Monthly revisions to LPG cylinder prices by oil marketing companies could see changes in domestic rates
These adjustments will depend on international market trends and policies, potentially affecting household budgets
Credit card changes: Banks are introducing changes in credit card fees and reward structures
SBI will discontinue reward points on gaming-related transactions for several credit cards, while other institutions like Axis Bank will impose fees on reward redemptions
TRAI's new regulation: To counter spam and phishing, the Telecom Regulatory Authority of India (TRAI) will enforce traceability mandates for commercial messages
This measure aims to secure transactions involving OTPs and other sensitive information
Maldives increasing its departure fees: Maldives, one of the most popular tourist destinations, is hiking the fees it charges tourists who visit the archipelago
While economy-class passengers will have to $50 (Rs 4,220), business- class passengers will have to pay $120 (Rs 10,129)